By retaining assets with a low basis or appreciation potential outside the corporation and passing those assets through an estate, the incorporator eliminates pre-death gain from a subsequent sale of the asset by his or her heirs.

Located in San Francisco, the team has worked with many of the leading suppliers and incorporators in the space, looking at how device networking technologies and solutions are being implemented across diverse market environments.

When Inekon turned down the offer, De Vera returned and proposed instead a 60-40 joint venture between Inekon and a group of incorporators selected by Vitangcol for the maintenance contract of the MRT.

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